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NO FILS of NEW or PLAY

HAVING TROUBLE PRINTING?
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Unfortunately, we just could not get any downside reaction on NEW, before it took off. With NEW being up over $3.00, it just got away from us. All subcribers should straight CANCEL the NEW credit spread

We are keeping OPEN our PLAY spread but moving our TARGET ENTRY POINT to $0.25 ( see below in BLUE).

CALL CREDIT SPREAD

PLAY $22.34

BUY PQP-DY PLAY APR $27.50 CALL DEBIT = $0.10
SELL PQP-DE PLAY APR $25.00 CALL CREDIT= $0.35
NET CREDIT = $0.25 (Cancels $0.35, replace at $0.25)
INITIAL "NET- CREDIT TARGET= $0.25 or $25.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.25 = $250.00

MARGIN REQUIRE. (x 10 CONTRACTS $2,250.00
RETURN ON INVESTMENT= 16.28%

EXIT STRATEGY = 1. WATCH LIST 2. MAXIMUM LOSS STRIKE PRICE DIFFERENCE
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE RISES TO: $23.67
2. ON SPREADS WITH 2.50 or less difference in STRIKE PRICES as this one
MAXIMUM EXPOSURE is: $2.50 Which is the difference between the strike prices
THIS WILL BE OUR MAXIMUM EXPOSURE - WE WILL NOT USE STOPS ON
THOSE POSITIONS. THEY WILL GO ON THE WATCH LIST AND BE FOLLOWED WITH INSTRUCTIONS AS TO HOW TO PROCEED OR/WHAT EXIT POINT NEEDS TO BE ESTABLISHED

When this position is filled it will bring our APRIL RECOMMENDED LIST to eight(8) positions

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